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Archive for February, 2008

Stop the presses! Rogue mammoth spotted on Atlantic Avenue!

Oh wait a minute. That’s just Lucy the Elephant.
The tendency of the press toward hyperbole reached a zenith last week with the breathless announcement that Pinnacle Entertainment would NOT build a much-anticipated casino resort on the site of the old Sands Casino Hotel.
The credit markets are bad, grumbled the headlines. Pinnacle’s pulling out of Atlantic […]

Growth WILL Fuel Jobs

Nobody wants to hear the R word: Recession. But someone’s got to make an excuse for the U word: Unemployment. Las Vegas’s once amazing job growth rate of 5 percent has dwindled to a measly 0.8 percent– which is actually below the national average!
We faced a parallel year in 1991—a year with a middle east […]

History Repeating Itself?

There is some saying about those who don’t learn from history are bound to repeat it, and hopefully that isn’t what is going to happen to Moulin Rouge Development Corporation.
The group, headed by Dale Scott (below), is planning to move ahead with redevelopment plans to bring the Moulin Rouge back to Las Vegas. Early estimates […]

PA’s Politicos Pontificate

Just got back from the Pennsylvania Gaming Congress, and as you might guess, one of the main topics of discussion was Louis DeNaples, the owner of the Mount Airy Resort and Casino who was indicted for perjury and had his license stripped, after he was found to have lied to state regulators about his alleged […]

I’d Rather Be Playing

Tallinn, Estonia
I’ve been traveling on GGB business for the past week. Got to see the Olympic Casino operation in Riga, Latvia this weekend and now visiting the company’s HQ in Tallinn, Estonia. Very interesting company, and markets, and more on both next time. For now, though, the first stop on the trip is the focus. […]

Protect & Defend

Last week’s World Game Protection Conference at Paris Las Vegas was a huge success. More than 400 attendees and about 30,000 square feet of exhibit space was a new high for the three-year-old conference. The topics covered were very interesting, even to a “civilian” like me. I enjoy these “targeted” conferences because it gives me […]

Inspired ideas? No, but at least these guys are thinking ahead

A cantankerous budget battle looms in the Garden State, and New Jersey Senators Jim Whelan and Jeff Van Drew are working in advance to keep casinos open if the state shuts down.
Hard to believe, but in 2006, when our esteemed public servants could not pass a budget by the constitutional deadline, the whole state of […]

Western Water Wars

“Things have changed, but what remains the same is that California was the problem back then, and California is the problem now.”
That comment came from Pat Mulroy of the Southern Nevada Water Authority during a during a conference in 1997 commemorating the 75th anniversary of the Colorado River Compact. A new report from the University […]

Pulling A Fast One?

A press conference held this afternoon has left me scratching my head.
It was supposed to be an unveiling of a rare photo of Marilyn Monroe wearing nothing but high heels and an handbag hitchhiking on a Northern Nevada road. Turns out it was a picture of Madonna from her 1992 book Sex,
Lawrence Nicastro of Las […]

Server-based? Not so fast

Much of the stuff you read about slot machines these days makes you think we’re just around the corner from a networked, server-based gaming floor. Technological displays by the slot manufacturers, in particular, make it seem like this new type of downloadable slot content is going to take the industry by storm, much in the […]